banner-img

Finance & Accounting

img

At Shared we are committed to supporting our client’s financial organization by providing world-class services spanning the entire Finance & Accounting gamut. We support Accounts Payable, Record to Report(R2R) and Accounts Receivables (AR) processes, and work as an extension of your finance team. By leveraging automation, tools and applying the right controls, we ensure our clients maximize value while operating in a secure and trustworthy environment.

The sub-processes listed are the ones typically outsourced by clients, while the remaining sub-processes are retained by our clients as they are either strategic or not fit for outsourcing.

We support various ERPs such as SAP, Oracle, Dynamics, others and use VPN/VDI technology to securely login to our clients’ environment to perform services.

Below are the processes we support within F&A:

Accounts Payable:

Accounts Payable:


  • Invoice Processing

  • Purchase Order Management

  • Travel & Expense Claims

  • Vendor Management & Recon reporting

  • Aging Payment reports

  • AP Helpdesk

Record to Report

Record to Report


  • General Ledger

  • Reconciliations

  • Fixed Assets

  • Cash Management & Banking

  • Cost Inventory & Asset accounting

  • Period Close & Consolidation

Accounts Receivable:

Accounts Receivable:


  • Collections & Disputes

  • Deductions

  • Cash Application

  • Customer Master Data

  • Credit Management

Order Management Services

Order Management Services


  • Order Processing

  • Order Tracking

  • Order Returns

  • Order Reporting

  • Cost Reduction
    Cost Reduction
  • Cost Reduction
    Productivity
  • Cost Reduction
    Quality & Accuracy
  • Cost Reduction
    Flexible Engagement

FAQ

Once our team is onboarded, they can access your network id and systems, and would be available to support you as any other team member within your network. Alternately, every team member does get a shared email id with MS Teams access and can communicate with clients as preferred.
The cost of the resource varies based on the service requested and team size. Based on the size and service required, the cost varies from 3-4K per month.
Our team aligns with our clients’ hours of operations (HOOP) requirements. We work collaboratively with our clients, to make sure our team is addressing their needs promptly and are available to support the hours of services requested by our clients.
Once an agreement has been reached, we complete client onboarding requirements such as additional background check etc as needed. We also request credentials for our team members, so that our team can access your network and internal sites. We typically use VPN or VDI technology to login to our clients environment and get system access. We follow the required security protocols set by our client’s security teams and make sure we use a secure way to access our client network and systems.
Shared offers a flexible engagement model and provides services spanning staff augmentation to managed services, based on our clients’ requirements. As of today, we primarily follow an offshore centric delivery model with possible future additional delivery centers including onshore.
Team management primarily depends on our client’s preference. Our clients can choose to manage the team members themselves for their day to day activities in a staff augmentation model or alternatively request Shared to manage the team for them (Managed Services). In either case, we typically do provide oversight to our team members, as part of our engagement model, even if client is managing the resources, to ensure our team is meeting our client objectives and overall delivery is going smoothly.